https://www.taxtmi.com/caselaws?id=387405 The Tribunal set aside the penalty imposed on the appellants for wrongly availing credit related to Man-power Supply Agency Services. Despite facing objections during an audit, the appellants promptly reversed the credit with interest before a show-cause notice was issued. The Tribunal found no evidence of intentional evasion of tax payment or suppression of facts, leading to the conclusion that the penalty was unwarranted. Consequently, the appeal was allowed, and the penalty was set aside, emphasizing the appellants' prompt rectification of the error and maintenance of accurate accounts. en-us Fri, 05 Jul 2019 00:00:00 +0530 Wed, 23 Oct 2019 08:07:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387405 The Tribunal set aside the penalty imposed on the appellants for wrongly availing credit related to Man-power Supply Agency Services. Despite facing objections during an audit, the appellants promptly reversed the credit with interest before a show-cause notice was issued. The Tribunal found no evidence of intentional evasion of tax payment or suppression of facts, leading to the conclusion that the penalty was unwarranted. Consequently, the appeal was allowed, and the penalty was set aside, emphasizing the appellants' prompt rectification of the error and maintenance of accurate accounts. Case-Laws Service Tax Fri, 05 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387405